Stock Market & Financial Investment News

General Mills expects FY13 supply chain inflation at high end of 2%-3% rangeThe company's second-half outlook assumes a higher tax rate than in the first half, reflecting the timing of tax expense for the year. The company also is anticipating possible currency devaluation in Venezuela during the second half of the fiscal year.

Bonduelle in talks for bid to buy Green Giant, Reuters reportsBonduelle is in talks to team with Centerview Partners in a bid to purchase General Mills' Green Giant frozen and canned vegetables unit, Reuters reports, citing people familiar with the matter. Reference Link